Abstract

Different versions of the score test for neglected heterogeneity for a right censored exponential model are analyzed. These tests depend on how the information matrix is estimated. A test based on the theoretical information matrix is derived that is shown to outperform all the other tests. Further, the noncentrality parameter of the test is examined to show how the power of the test is reduced when data are censored.

Disciplines

Economics

Included in

Economics Commons

Share

COinS
 

URL: http://digitalcommons.calpoly.edu/econ_fac/143